财经观察 1852 --- 但斌 vs Whitney

这一刻总要留个脚印(2009-03-17 22:12:50)
作为职业投资者，既然对某些问题有自己的想法，那么言行一致我想应该是追求的目标之一。最近对资本市场的思考在《在历史机遇面前》一文中有所反映，故在这个可能留下一页的重要历史时刻，我想至少应该按照所思考的内容实践一下。

2009年3月11日，卖出一点腾讯（0700）股票，在1.67美圆（市值90亿美圆；PB约0.3）买入了些花旗银行的股票，留个脚印，也算是对这次席卷全球金融危机告一段落的纪念（个人判断）。

但斌 2009年3月17日

Whitney Says Banks’ Profit Remarks May ‘Haunt’ Them

By Steve Dickson
     March 17 (Bloomberg) -- Meredith Whitney, the analyst who correctly predicted Citigroup Inc.’s dividend cut in 2007, said
banks may regret revealing profitability so far in 2009 because investors will be disappointed if writedowns wipe out earnings.
     “I think it’s going to come back to haunt them,” Whitney, 40, said in an interview today on CNBC television. The banks’
profits probably don’t include writedowns on bad assets and provisions for loan losses, said Whitney, founder of New York-
based Meredith Whitney Advisory Group LLC.
     Bank of America Corp. Chief Executive Officer Kenneth Lewis said on March 13 that his company was profitable in January and February, joining JPMorgan Chase & Co. and Citigroup Inc. in suggesting the nation’s three biggest banks are recovering from last year’s losses and profit declines. Lewis said he expected the Charlotte, North Carolina-based bank would be profitable for the year.
     Citigroup CEO Vikram Pandit ignited a stock-market rally on March 10 when he said his bank turned a profit in the year’s
first two months. Jamie Dimon, JPMorgan’s CEO, followed the next day, saying his bank also had a profit in January and February. 
     Lewis said early last year that Bank of America, the biggest U.S. bank by assets, would earn $4 a share in 2008 if
the economy improved. The bank earned 55 cents per share for the year and reported a $1.79 billion loss in the fourth quarter, its first deficit in 17 years.

                    Citigroup, American Express

     Whitney also said mergers between some of the nation’s biggest finance companies would help them emerge from the
banking crisis that started in 2007 with the collapse of the subprime mortgage market.
     She said a combination of Citigroup and American Express Co. is one example of a tie-up that would make sense. American Express would benefit from Citigroup’s funding sources and combining the two credit-card operations would help both companies, Whitney said.